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Management education as an industry and MBA as a product: revisiting joint MBA programs using Porters five forces model

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  • Tra T.T. Nguyen

Abstract

In recent literature, Management Education is frequently considered as a business industry, with MBA program as the flagship product. In an attempt to position their programs, business schools can be expected to move toward a convergence model for the diffusion of management ideas within the spirit of cooperation. Within this framework, a case study on joint and merged MBA programs in France has been analysed using Porter's five forces model and Nalebuff's and Brandenburger's coopetition and value net model to explain that Management Education is one of specific industries which use alliances to overcome competitive advantages. A synergistic competitive advantage is driven by the cooperation inside the industry of Management Education itself, with its cooperative programs. Instead of being threatened and bargained by the forces, the industry of management education challenges the forces with its cooperative programs.

Suggested Citation

  • Tra T.T. Nguyen, 2017. "Management education as an industry and MBA as a product: revisiting joint MBA programs using Porters five forces model," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 19(3), pages 356-377.
    • Handle: RePEc:ids:gbusec:v:19:y:2017:i:3:p:356-377
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    Cited by:

    1. Rao, Narendar V. & Reddy, K.S. & Arrawatia, Rakesh, 2017. "Guest Editorial: Business Models/Projects – Design, Venture, Manage and Evaluate," MPRA Paper 79032, University Library of Munich, Germany.

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